Digital Ally, Inc. (NASDAQ:DGLY) stock is trading up big on huge volume this morning, after the company announced that they have received several large orders for their audio/video systems for use in patrol cars and body cameras for police officers.

Digital Ally, Inc. (NASDAQ:DGLY) is known for their high quality surveillance products which have previously been purchased by law enforcement agencies from all over the United States, including Homeland Security. Today’s announcement notes that Florida’s Brevard County Sherriff, New Mexico’s Santa Fe Police Department, Missouri’s Kansas City Transportation Group, and many more police units have been utilizing their products for quite some time.

It is interesting to note, however, that this really isn’t new news, as these units have already been utilizing Digital Ally, Inc.’s (NASDAQ:DGLY) equipment, but apparently shareholders are sitll responding very positively to the release and the fact that several large orders are consistently coming in.

The stock is up 18.22% or $1.36 following the news, hitting $8.82 per share. About 133,073 shares traded hands. DGLY has declined 48.52% since May 19, 2015 and is downtrending. It has underperformed the S&P500 by 46.25%.

From a total of 2 analysts covering Digital Ally (NASDAQ:DGLY) stock, 0 rate it a “Buy”, 0 a “Sell”, and 2 a “Hold”. This means that 0 of the ratings are positive. The highest target price is $16.0 while the lowest target price is $7. The mean of all analyst targets is $7 which is -20.63% below today’s ($8.82) stock price. Digital Ally was the topic of 6 analyst reports since August 10, 2015 according to the firm StockzIntelligence Inc. Roth Capital downgraded shares on November 13 to a “Neutral” rating. Zacks downgraded DGLY stock in a recent report from August 25 to a “Hold” rating.

The institutional sentiment decreased to 1 in Q2 2015. It’s down 3.00, from 4 in 2015Q2. The ratio is negative, as 5 funds sold all their Digital Ally, Inc. shares they owned while 3 reduced their positions. 6 funds bought stakes while 2 increased their total positions. Institutions now own 4.60 million shares which is 1447.25% more than the previous share count of 297,390 in 2015Q2.

Vanguard Group Inc holds 0.01% of its total portfolio in Digital Ally, Inc., equating to 4.48 million shares. Wfg Advisors Lp owns 6,950 shares representing 0.01% of their total US portfolio. Moreover, American International Group Inc has 0% of their total portfolio invested in the company, equating to 300 shares. The California-based Blackrock Fund Advisors has a total of 0% of their portfolio invested in the stock. Blackrock Institutional Trust Company N.A., a California-based fund reported 49,500 shares owned.

Digital Ally, Inc. produces digital video imaging and storage products for use in law enforcement, security and commercial applications. The company has a market cap of $41.65 million. The Company’s products include an in-car digital video/audio recorder contained in a rear-view mirror for use in law enforcement and commercial fleets; a weather-resistant mobile digital video recording system for use on motorcycles and boats; a miniature digital video system designed to be worn on an individual’s body; a system that provides its audio/video surveillance from multiple vantage points; a digital video/audio recorder contained in a flashlight sold to law enforcement agencies and other security organizations, and a hand-held laser speed detection device that it is offering primarily to law enforcement agencies. It currently has negative earnings.